Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks for the clarification Global ...
Hope That Mr. Cooper is up to the challenge to move the co. in a different direction , and take POWERLOCK INC. to the next level in 2011.
$brich$ ... Thanks for adding me as Asst. Mod..
Not sure if i qualify, because i'm not an I HUB subscriber, and don't know what their policy is ... If you have to remove me , i totally understand.
Thanks Again.
HAPPY AND "HEALTHY" NEW YEAR TO ALL THAT READ AND POST COMMENTS ON THE PWLK BOARD !!!
SEE YA ALL IN 2011 !
Thanks ...
HAPPY & "HEALTHY" NEW YEAR TO YOU !
Thanks ... I ran the car rental idea past the man, (CEO Cooper) about 6 months to a year ago , his response wasn't quite as enthusiastic as yours ... LOL!
I agree, he shows very little concern for the shareholders.
But i really believe his goal is to grow the business, unfortunately i think he's working with a very limited advertising/marketing budget ... That's why i think he needs to be more creative and think out of the box.
All We Can Do Is Stay Tuned .
Have A Good Nite.
Global ... A contract with a National Retail Chain would be incredible , but i think they have spent a lot of energy and time mainly focusing on retail chains (big & small} in the last few years ...
IMO ... they really need to think a little more out of the box, ie; marketing strategies in the future and going foward.
Again JMO ... maybe they should try Business to Business marketing ... Example 1. ; Targeting (fleet sales)Co's. that purchase vehicles for Co. use, it could be an expense write off for the Co. , and might also reduce their auto ins. premiums on the Co. vehicles.
Example 2. ; Targeting car rental Co's; Avis, Hertz, etc. .
Same advantage as above.
Just My Opinion Off The Top Of My Head.
Wasn't able to watch the action for most of the day ... Yesterday's volume of 100 million + was a little head scratching , because it remained in a relatively tight range, definitely not a Pump & Dump.
Would definitely like to see the Co. issue a PR with legitimately solid positive news.
Maybe In 2011 ?
Thanks ... I ain't mad at you either LOL!
GLTU
Yes PWLK is a non-reporting "Pink Sheet" stock.
It Is What It Is ... And Boils Down To Each Individuals Personal Risk VS. Reward Tolerance.
Your right $brich$ ... No increase to the A/S and only about a 10% increase to the O/S since 2006 ... Don't know how high the SP could rise with a good, solid PR/News /Update ... The only thing that i can verify about this CEO is , "AS OF TODAY" he has not printed tons of shares and Pumped & Dumped them into the market in the last 3 + years.
WHO KNOWS WHAT THE FUTURE HOLDS
GLTA
If i remember correctly , the OS was around 900 million (890,000,000 ish) when i first bought in , in 2006.
OK ... Sounds like an even trade. LOL
Thanks for the SS update ... It's a little strange to see 200 + million restricted shares, the holding period is usually 1 year. I'm guessing that they were issued much longer than a year ago.
Just took a break from shoveling snow ... Looks like someone(s) wants to buy some PWLK today . LOL
Love Me Or Hate Me (I Know At Least 1 Person Hates Me Here , LOL !) ...
I Don't Have A Shred Of Proof , Just A Gut Feeling That Mr. Watson Is Still Selling(Shorting) And Buying Shares For Himself, To Keep Himself The Majority /Controlling Shareholder In Coordination With The Recent Increase In The O/S.
JUST MY OWN HUNCH ... NOTHING MORE NOTHING LESS.
HOPE EVERYONE IS AND STAYS WELL.
Hi Prof, Hope your feelin better ...
Sam, good question ... but i think everyone knows that substantial and sustained buying is what it's "going to take" .
IMO ... the seller/ask side is not (and has never been) the problem. When the buyers start clamoring and fighting each other for shares .... the sellers will know exactly what to do.
HOPE EVERYONE IS WELL
HAVE A GOOD WEEKEND ALL
Oh , i have called the co. many times and had conversations (some very brief - some a little longer) with Mr. Cooper & Mr. Faas since 2006 Global ...
Mr. Faas is no longer with Powerlock & Ceo Cooper's personality is not shareholder friendly 80 to 90 % of the time.
The last time that i spoke to Cooper , the only information he would divulge about the co's current status was that THINGS ARE OK (loose quote) . My take on that is the co. is generating sales , but not in large enough #'s that makes it PR or news worthy.
Bottom Line ; He told me a couple of years ago that he will not divulge material info. to any individual. Any news or update about the co. would be released via PR.
As the old saying goes ; " SILENCE IS GOLDEN "
I think ( and i bet almost everybody else agrees ) that news or an update from the Co./CEO and a much higher SP would be alot more golden then the current silence here in PWLK land.
GRDO'S Current Share Structure As Of 8;00 AM , 12/02/10.
No Changes:
A/S - 1,450,000,000
O/S - 908,798,068
Hope Everyone Is Well !
Good Wishes To All ...
See Ya
Someone is buying a little today ...
Someone is also selling a little today ... LOL
Way To Go Bman ...
Good Luck To You And GLTA That's In This Stock.
Board Marks Going Down. Not A Surprise ...
I'm Guessing That Some People Are Still Watching This Stock.
Are The Mod's Still Here?
If nothing else ... The BMAS/Watson ? mystery has brought some new traders and eyes, and maybe new fence/sitters to this stock that it did'nt have before.
Even better thought is if the BMAS/Watson? shares are locked up until a much higher PPS down the road.
GLTA !
If you all remember ... Mr. Watson publicily stated and admitted to buying shares on the open market after the initial 50 million share (25 and 25) increase to the O/S a couple of months ago.
The only difference this time is that he is keepng his lip buttoned up about it because of the large # of shares involved.And also remember that co. executives can only buy/sell a limited # of shares a day.
PlEASE READ THE POST THAT I'M REPLYING TO.
AGAIN THIS IS ALL JUST MY OPINION
I HAVE NO FACTS TO SUPPORT THIS.
Thank You !
Have not been able to read too many posts in th last 24 hours ...
What time did the Message from Mr. Watson appear on GUARDDOG'S main Page Today ?
You have every right to be angry ... but the game is not over IMO.
I think Mr. Watson's silence about commenting on the current situation and what has transpired in the last week or so "speaks volumes" ... I realy think by his blatent silence that he is telling us and giving us enough credit to read between the lines , and the PR or IR update we are waiting for will not mention BMAS or the strange trading we are witnessing.
AGAIN ... ALL JUST MY OPINION
If Anybody Cares To ... Please Read The Post That I Am Replying To.
Strongly Believe Things Will Be Alright Once Mr. Watson Gets The Share Structure Where He Wants It.
You can put under a microscope and scrutinize CEO Watsons every word and every statement from past PR'S , updates , and CC'S but you will just drive yourself nuts.
Again ... owning shares in a publicly traded co. is a business relationship, that's where it begins and where it ends IMO.
If you have proof that he (Watson) is doing something illegal ... then you are entitled to take legal and other appropriate actions just as in any other business transaction.
I consider his comment about longs being rewarded as "his opinion" and not a guarantee ... Many longs were rewarded.They could have sold all their shares between .01 and .0169 and realized very healthy 5 and 6 figure profits.
Thanks Kop , i always respect your opinion ...
Just trying to calm down a few apparently frazzled nerves.
ALL ... To add to my previous post. I strongly believe that what we are seeing is a "CEO Doing What He Has To Do To Keep Voting/Shareholder Control Of The Co."
The CEO is not obligated to "reward" shareholders; longterm -shorterm - or anything in between ... Nobody (including Mr. Watson) put a gun to our heads forcing us to purchase shares of GRDO.
This is business ... As a shareholder, i understand that i have a business relationship with GRDO and Mr. Watson, nothing more nothing less, and we owe each other nothing from an emotional point of view.
I believe we will see the SP increase to much higher levels once Mr. Watson completes what he needed to do.
JUST MY GUT FEELING AND MY OPINION ONLY !
Hey BULL , how are ya ...
There's no way for any of us to know what's really going on, but to repeat and expand on my thoughts from yesterday ... Just a hunch, but i think the BMAS action is Watson shorting and buying shares to retain his status as majority shareholder.
GRDO'S OS pre any increases was approximately 649 mil. shares.
Watson publicly stated he is majority/controlling shareholder(which means he was holding at least 325 mil.shares)
So, any increase to the OS would require him to purchase/transfer half the increase in shares to himself in order for him to remain the controlling shareholder, eg; for possible buyout or other major direction changes for the co.
In conclusion, it's possible that half of the recent increases to the OS were needed and earmarked for business growth, and the other half for Mr. Watson to retain his status.
JUST A THEORY
JUST MY OPINION
One last thought ... 649 million OS/ Mr. Watson acknowledged holding at least slightly more than half/it's more than likely that we (i hubers) held the remainder or close to the remainder of the OS ... So in my mind this accounted for all 649 mil. OS. I dont see how any other silent individual could have been holding and now selling 200 million shares.
AGAIN ; JUST MY OPINION
If anybody cares to read, here's my thoughts about the current situation , it's all IMO ... Take It Or Leave It.
- CEO Watson publicly stated that he would be raising the OS for Adv./Marketing, Mergers/Partnerships, Etc.
- CEO Watson also publicly stated that he was the majority shareholder,pre OS increase holding approximately 325mil. shares, (how he became the majority shareholder is another story, i'm not going to open that can of worms)
So here's my unsubstantiated theory about what's currently happening.
While the co. legitimately needed to raise the OS to
continue to grow the business, CEO Watson is
simultaneously carefully taking measures (buying)
that will retain his status as majority shareholder
(if his intention is still to remain the majority
shareholder) ... Also with the impending future
uplisting, and reporting, it's probably a good bet
that any additional shares purchased by Mr. Watson
will be disclosed for all to see in the future.
This is my honest OBJECTIVE opinion strictly from a business point of view ... not a from a less than objective shareholder point of view.
BOTTOM LINE : I think it will be full speed ahead for GRDO once
the Share Structure shakes out and settles down
again.
BE WELL FRIENDS !
Hey Dog Friends ... Have not read alot of the posts in the last couple of weeks, but can feel the fustration and uncertainty building in some ...
IMO ...the co. has made too many pre-meditaded and strategic moves thus far to crash and burn at this point.
I have a theory (JUST MY OPINION, NO PROOF OR FACTS BEHIND IT) that might be the reason for the shorting,inc. volume, and sudden drop of the SP.
Some might perceive my theory as wild speculation (and it probably is). If anyone is interested, i will briefly post my thoughts.
HOPE EVERYONE IS WELL